6.5% a floor for 2016-2020 growth: China official
Figure will be base for setting target for five-year period
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Beijing
CHINA is making 6.5 per cent a floor or minimum level for annual economic growth in 2016 through 2020, a senior Chinese policymaker said on Monday, adding that the figure would be a base for setting a target for the five-year period.
The economic growth target has not been fixed yet, as that is an objective that needs to be approved by the National People's Congress, Yang Weimin, Vice Minister of the Office of the Central Leading Group on Financial and Economic Affairs, told a news conference in Beijing.
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